go to finance yahoo com intlindices e europe and click under europe on gdaxi which r 1555314

Go to finance.yahoo.com/intlindices?e=europe and click (under “Europe”) on ^GDAXI, which represents the German stock market index. Repeat the process described in exercise 1 so that you can assess IBM’s sensitivity to the German stock market. Compare the slope coefficient between the two analyses. Is IBM’s value more sensitive to the U.S. market or the German market? Does the U.S. market or the German market explain a higher proportion of the variation in IBM’s returns (check the R-squared statistic)? Offer an explanation of your result